The Dominican Electricity Corporation (CDE) plans to invest around RD$4 billion by the year 2003 in expanding electric transmission and distribution lines, CDE Administrator Radh?mes Segura revealed yesterday. The investment is necessary to provide the DR with a modern and efficient electrical grid. Asked by the news daily El Siglo how CDE plans to finance the expansion, Segura responded that CDE will seek funding from the World Bank, Inter-American Development Bank (IBD) and bilateral loans from European banks and governments.
